Filing Flows › PAN American Silver (PAAS) › Q4 2024
PAN American Silver (PAAS) Q4 2024 earnings results (fourth quarter 2024)
6-K filed Feb 19, 2025
PAN American Silver (PAAS) reported revenue of $815M for the fourth quarter 2024 (Q4 2024), +22% from a year earlier. Operating margin was 27.7%, net earnings $108M (13.2% of revenue).
PAN American Silver, Q4 2024: revenue $815M (+22% year over year), operating margin 27.7%, net earnings $108M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $815M | — | +22% |
| Operating profit | $226M | — | — |
| Net earnings | $108M | — | — |
What changed
Revenue was $815.1M in Q4 2024, up 22% year over year.
Operating profit was $226.0M, a 27.7% margin (up 34.9 points year over year). Total costs fell 18% while revenue rose 22%. The fastest-growing cost line was Depreciation & amortization (+32%). Net earnings were $107.6M. The effective tax rate was 52.3%.
Questions
What was PAN American Silver's revenue in the fourth quarter 2024?
PAN American Silver (PAAS) reported revenue of $815M for the fourth quarter 2024 (Q4 2024), +22% from a year earlier.
Was PAN American Silver profitable in the fourth quarter 2024?
Operating profit was $226M (27.7% of revenue) and net earnings $108M.
Source: PAN American Silver 6-K on SEC EDGAR.